The circular economy
The adoption of a circular and sustainable model is the common thread that guides all our activities. The energy transition requires the rapid development of renewable sources and the electrification of consumption, concurrently with the growth of technologies such as smart grids and storage systems. In order to achieve this ambitious goal, it is essential from the earliest stages of design to integrate technological development within a broader circular economy strategy, without neglecting any phase: from the choice of raw materials, to operation, reuse, and the final recycling of the asset and end-of-life management.
The strength of this vision lies in its systematic nature: it embraces the entire economic model and defines, in a concrete and measurable way, a goal to strive for and clear levers on which to act.
For this reason, Enel has developed its own KPI, Economic Circulability©®, which will measure the aggregate performance of the Group's circularity by comparing economic performance (EBITDA generated, in euros) with the total resources consumed (fuels and raw materials, in tons). At the World Economic Forum in Davos, Enel announced a goal of doubling its performance in terms of this KPI in 2030 compared to 2020, i.e., halving the amount of resources consumed compared to EBITDA generated.